OH > Cleveland > Rr &Ppp Companys Five Points
Cleveland, OH 44110,951 Royal RD
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Cleveland, OH 44110,951 Royal RD
Cleveland, OH 44110,951 Royal RD
Cleveland, OH 44110,951 Royal RD
Cleveland, OH 44110,951 Royal RD
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Brian Marshall

Brian Marshall

+1(304) 559-9039
$ 129,900
Est. payment /mo
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951 Royal RD Cleveland, OH 44110

4 Beds

2 Baths

1,728 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,728 sqft

Price per Sqft $75

Subdivision Rr &Ppp Companys Five Points

MLS Listing ID 5171571

Bedrooms 4

Full Baths 2

HOA Y/N No

Abv Grd Liv Area 1,728

Year Built 1928

Annual Tax Amount $2,076

Tax Year 2024

Lot Size 3,502 Sqft

Acres 0.0804

Property Sub-Type Duplex

Property Description

Unlock a premier cash-flow opportunity with this completely renovated, turnkey duplex in Cleveland's 44110 zip code! This property is an investor's dream, designed for immediate, high-margin returns with zero deferred maintenance. Each 2-bedroom, 1-bathroom unit has been meticulously updated with a new roof, working mechanicals, and energy-efficient windows. The interiors feature fresh paint, new flooring, and updated kitchens and baths, making the units rent-ready today. This property is perfectly positioned to attract stable, long-term tenants and capitalize on strong market rents, including Section 8 payment standards that reach up to $1,152 per unit.

This investment is not just about immediate income; it's also about long-term growth. The property's location is perfect for attracting a strong tenant pool, situated just minutes from the vibrant Waterloo Arts District, with its unique galleries, shops, and live music venues. Its strategic placement near I-90 provides a fast commute to downtown, while proximity to Lake Erie offers desirable recreational opportunities. This combination of cultural attractions and accessibility is driving revitalization in the area, signaling strong potential for future appreciation and increasing property values.

This is a rare chance to acquire a fully updated, income-producing asset where all the capital-intensive work has been completed. With its strong cash-flow potential and promising location, this duplex is a low-risk, high-reward addition to any real estate portfolio. Whether you're a seasoned investor or just starting, this property offers a clear path to passive income and long-term wealth building. Don't miss out on this exceptional investment—schedule your showing today.

Location

State OH

County Cuyahoga

Rooms

Basement Unfinished

Interior

Heating Forced Air

Cooling None

Fireplace No

Laundry Lower Level

Exterior

Parking Features Detached, Garage

Garage Spaces 1.0

Garage Description 1.0

Water Access Desc Public

Roof Type Asphalt,Shingle

Private Pool No

Building

Story 2

Sewer Public Sewer

Water Public

Level or Stories Two

Schools

School District Cleveland Municipal - 1809

Others

Tax ID 115-29-030

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Northern Ohio Regional MLS (YES-MLS)
Listed by Journey Toole • Keller Williams Living • Journey@journeyhomegroup.net, 440-935-9793
Brian Marshall

Brian Marshall

Agent | License ID: RS349041

+1(304) 559-9039

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951 Royal RD